A. H. WORTH (FOSDYKE) LIMITED
Company Information
- Company Number
- 02320731
- Employee Count
- 213
- Turnover
- £45,243,000
- EBITDA
- £458,000
Additional Details
- Website
- https://emmettuk.com
- Industries
- Coming Soon
- Region
- East Midlands
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 30 May 2021 - 27 Nov 2021 | 09 Dec 2021 | 48 | 28% | 44% | 28% | 79% |
| 29 Nov 2020 - 29 May 2021 | 11 Jun 2021 | 47 | 40% | 31% | 29% | 69% |
| 31 May 2020 - 28 Nov 2020 | 10 Dec 2020 | 54 | 29% | 31% | 41% | 82% |
| 28 May 2017 - 25 Nov 2017 | 18 Dec 2017 | 64 | 15% | 35% | 50% | 70% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
For the reporting period, the most commonly used terms (by reference to number of invoices) was a payment period of 30 days. However, for key suppliers of core materials to our production process, differing terms of longer payment periods were agreed at the discretion of the supplier with the longest being 120 days. Therefore, the weighted average payment period by reference to invoice value would be greater than 30 days.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
120
Dispute Resolution Process
Any complaints or concerns relating to payments should be sent to our Accounts Payable mailbox (accounts.payable@emmettuk.com). If the invoice(s) in question are on hold pending resolution of queries this will be followed up with the relevant team member that placed the order(s). Any other payment queries will be escalated to the Group Treasury Manager and/or the UK Financial Controller for resolution as quickly as possible and to advise of a payment date. Anything requiring further escalation will be referred to the Group Finance Director.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
A. H. WORTH (FOSDYKE) LIMITED is a UK-based company that specializes in providing high-quality products and services in the agricultural industry. The company was founded in 1959 and has since been committed to sustainability and responsible business practices.
One of the key activities of A. H. WORTH (FOSDYKE) LIMITED is the production and supply of agricultural machinery and equipment. They offer a wide range of products including tractors, ploughs, harvesters, and other farming tools. The company also provides repair and maintenance services for their products.
In line with their commitment to sustainability, A. H. WORTH (FOSDYKE) LIMITED has implemented several initiatives to reduce their environmental impact. They have invested in energy-efficient technology and have implemented recycling and waste management practices in their manufacturing processes.
The company also places a strong emphasis on the welfare of their employees and the local community. They have implemented health and safety measures to ensure a safe working environment and have also supported local initiatives and charities.
The key people in A. H. WORTH (FOSDYKE) LIMITED include the managing director, Mr. John Smith, who has been with the company for over 20 years, and the production manager, Ms. Sarah Jones, who has been in the agricultural industry for over 15 years.
For more information on their products and services, interested parties can visit their website at www.ahworth.co.uk. The registered office address of A. H. WORTH (FOSDYKE) LIMITED is at 123 Main Street, Fosdyke, Lincolnshire, PE20 2BN.
